Czech and slovak sugar companies in european sugar market process of transformation

The article evaluates Czech and Slovak sugar companies in the process of transformation and abolition of quotas on the European sugar market. The assessment considers the payment behaviour, financial health and condition. Sugar companies in the Czech Republic and Slovakia had a low probability of bankruptcy before the beginning of 2019 and subsequently in 2020. They have maintained good payment behaviour towards their customers; they were financially stable entities. A deterioration in the sector' valuation and significant changes in the sugar market may have a negative impact. The likelihood of maintaining sugar production at current levels and maintaining financial health, solvency and payment discipline in the period ahead remains high.